Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
DEEP READ
Munambam Waqf issue decoded
access_time 16 Nov 2024 10:48 PM IST
Ukraine
access_time 16 Aug 2023 11:16 AM IST
The Russian plan: Invade Japan and South Korea
access_time 16 Jan 2025 3:32 PM IST
Putin
access_time 2 Jan 2025 1:36 PM IST
What is Christmas?
access_time 26 Dec 2024 11:19 AM IST
exit_to_app
Homechevron_rightBusinesschevron_rightCentre releases Rs...

Centre releases Rs 8,923.8Cr in grants for RLBs to fight Covid-19

text_fields
bookmark_border
Centre releases Rs 8,923.8Cr in grants for RLBs to fight Covid-19
cancel

New Delhi: The Finance ministry has released an amount of Rs 8,923.8 crore to the Rural local bodies (RLBs) in 25 States as grants for Covid-19 relief activities.

The grants are meant for all the three tiers of Panchayati Raj Institutions - village, block and district.

The amount released on Saturday is the first instalment of the 'Untied Grants' for the year 2021-22 Which is meant to be utilised by the RLBs, among other things, for various prevention and mitigation measures needed to combat the COVID-19 pandemic.

As per the recommendations of the 15th Finance Commission, the first instalment of untied grants was to be released to the States in the month of June, 2021.

But in view of the surging fresh infections and at the recommendation of the Ministry of Panchayati Raj, the Ministry of Finance decided to release the grant in advance of the normal schedule, a finance ministry statement said.

However, the 15th Finance Commission had imposed certain conditions for release of untied grants including the online availability of accounts of a certain percentage of Rural Local Bodies in the public domain. This condition has also been waived for release of the first installment released now.

Show Full Article
TAGS:COVID19Rural local bodies
Next Story